Row Over Misuse of FAME-II Subsidies Reaches Parliament Updated On Wed, Jul 26th, 2023 by Saurenergy The ongoing controversy over the misuse of the Union government’s FAME-II scheme recently reached the corridors of the Indian Parliament. The development comes after the Union government was recently forced to take action against the errant Electric Vehicle (EV) manufacturers who allegedly flouted the scheme norms to claim subsidy. In the latest Monsoon Session of […] Read more
Two-Wheeler EV Sales Dip As Govt Slashes FAME-II Subsidy Updated On Mon, Jul 3rd, 2023 by Saurenergy The slashing of subsidies for electric two-wheelers by the Ministry of Heavy Industries last month has now shown results in its sales in the market. The ministry gives subsidies under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II scheme. This hand-holding support from the government apparently helped many consumers to shun polluting vehicles and […] Read more
Errant EV Players Might Face More Trouble For Flouting FAME-II Updated On Tue, Jun 20th, 2023 by Saurenergy The Ministry of Heavy Industries is now mulling stringent actions against alleged errant two-wheeler Electric Vehicle (EV) players in India for falsely claiming subsidies under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II. The ministry is the nodal agency for disbursing FAME-II funds to EV players. As per reports, the ministry has planned to […] Read more
Govt Reduces Subsidy For Electric Two-Wheelers Under FAME-II Updated On Mon, May 22nd, 2023 by Saurenergy In its latest notification, the Ministry of Heavy Industries has ordered reduction in subsidies for electric two-wheeler vehicles under the Faster Adoption of Manufacturing of Electric Vehicles (FAME)-II scheme. The new provisions will be rolled out in India from June 1, 2023. With the reduced hand-holding support from the government, the electric two-wheeler prices are […] Read more
Govt To Disburse Subsidy Dues To Ola, Ather, Hero & TVS Under FAME-II Updated On Mon, May 8th, 2023 by Saurenergy The Ministry of Heavy Industries, the nodal government agency handling the Faster Adoption of Manufacturing of Electric Vehicle (FAME)-II scheme, has been mulling returning the due subsidies of four major electric two-wheeler companies, reports claimed. The move comes days after these EV players announced reimbursing the EV customers to whom these companies sold EV chargers […] Read more
EV rental services set up their own charging stations to ensure seamless customer experience: Dr Irfan Khan, eBikeGo Updated On Fri, Mar 17th, 2023 by Saurenergy Electric vehicle (EV) rental services, particularly for two-wheelers, has seen a significant rise in India in recent years. This can be attributed to various factors, including the growing awareness about the benefits of EVs, the increasing availability of charging infrastructure and the government’s push towards the adoption of electric vehicles. In 2021, electric two-wheeler sales […] Read more
CESL Study On E-Buses Claims Cost Savings Vs CNG, Diesel Buses, Even Without Subsidy Updated On Thu, Feb 16th, 2023 by Saurenergy Government-owned entity Convergence Energy Services Ltd CESL, which recently launched India’s largest e-bus tender, has shared a case study on the results of the bidding. This case study, which is based on a thorough market research conducted by CESL, WRI India, the World Bank, and others, highlights the key features of The Grand Challenge, which […] Read more
With Rising Demand, Tech Advancements, Govt Push in ’22, EV Firms Are Raring to Go in ’23 Updated On Mon, Jan 2nd, 2023 by Saurenergy To circumvent the impact of increasing oil import bills, Indian government’s policy initiatives over the last couple of years has accelerated the adoption of e-mobility. As per the Ministry of Heavy Industries estimates, in 2022, 7.47 lakh EVs were sold under the FAME-II Scheme, as compared to 2.37 Lakh sold in FY2021-22. Faster Adoption and […] Read more
EV Industry On The Road To Goal 2030 Updated On Thu, Oct 6th, 2022 by Saurenergy Dr Irfan Khan, Founder & CEO, eBikeGo The Government wants India to be a 100% electric vehicle nation by the year 2030. Under the new government plan, every car that is sold in India from 2030 will be electric. Due to the competitive environment in the market, India’s auto industry has become one of […] Read more
